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TLD3 aims to move into wireless audio streaming market 08 August 2018

TLD3 Entertainment Group has closed the acquisition of assets of Digital Legend, a developer of wireless audio streaming and music social network software. With this acquisition, TLD3 will now own and control the global marketing and development rights to Mbox wireless audio streaming technology and Take It 2 The Next Level’s music social networking application. …

Roku records platform revenue growth as OTT market rises 06 August 2018

Online streaming giant Roku’s OTT platform revenue is currently booming with triple-digit growth in the last quarter. Reportedly, Roku had a 46% y/y increase in active accounts and 42% y/y growth in revenue per active account. Growth of online Video streaming services, continued cord-cutting trends and internet penetration are few factors that have contributed to …

CBS hints at launching live streaming service 02 August 2018

CBS is planning to launch its new live streaming news service to cater to more audience needs. CBSN Local, the 24/7 live streaming service will cover anchored news and breaking events from major markets. It is most likely to first launch in News York in partnership with WCBS, the company’s flagship station and WLNY, an …

The Roku Channel all set to roll out in Canada 24 July 2018

Online streaming giant, Roku preps up to introduce its new streaming channel, The Roku Channel in Canada. The new ad-supported streaming channel is aimed at helping consumers find free TV shows, movies and much more on the Roku platform. Rob Holmes, Vice President of Programming, Roku quoted, “We always aim to deliver the best entertainment …

Following dismal performance in India, Netflix pins hope on partnership with Reliance Jio 24 July 2018

According to reports, Indian telecom giant Reliance Jio will roll out GigaFiber wired broadband network, that will offer speed up to Gigabits per second in the country. The anchor device for GigaFiber will be set-top boxes called GigaTV boxes which will pipe ultra HD television to Indian homes. The boxes are currently under test at …

Online streaming platform Netflix registers a big miss in subscription growth 20 July 2018

Online streaming giant, Netflix has fell short of its own subscriber growth projections. In the second quarter of 2018, Netflix has added just 5.2 million new subscribers as compared to its projected number of 6.2 million. In percentage terms, Netflix had registered a big miss against the estimated subscriber growth in the second quarter of …

Walmart thinking over own OTT Service 18 July 2018

Stellar success of streaming giants Netflix, Amazon Prime, Hulu etc. have prompted several media and entertainment biggies to join the OTT bandwagon. Walmart is the latest one to join the bandwagon with its very own streaming platform if everything falls into place. According to reports, Walmart is planning on setting up its own video streaming …

Wired Magazine steps into the OTT market with new online streaming TV channel 09 July 2018

Wired Magazine is prepping up to introduce its first online streaming TV channel. Condé​ Nast’s Wired magazine will roll out more programming made specifically for the streaming channel. With the launch of an online TV channel, Wired Magazine aims to reach people spending more time on watching content from streaming video services such as Hulu, …

Binge-watching on rise in Malaysia 03 July 2018

According to reports, 86 percent of Malaysian subscribers love streaming their favorite shows in public. Malaysians are among the top Netflix mobile downloaders around the world. Malaysia is currently placed among the top five countries globally to watch online streaming shows in public. The report also states that 86 percent of Filipinos and Thais like …

iflix wins Best OTT Video Service at Telecom Asia Awards 02 July 2018

iflix, Malaysia based OTT platform bagged the Best OTT Video Service at the 21st Annual Telecom Asia Awards. Asia’s longest running and most prestigious telecom industry awards was themed “Getting real with digital”. The award show honor service providers and operators in Asia who propose new and innovative business models. iflix is available to over …

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